No quick fix to impact of China's waste ban that has sucked the profits out of recycling, operators say

Jonathan Underhill
Fri, 01 Jun 2018

By Jonathan Underhill June 1 (BusinessDesk) - Waste Management NZ, the nation's biggest such company, says there isn't a quick fix for the impact of Chinese restrictions on waste imports after the government announced a task force to respond to a move that operators say has sucked the profits out of recycling. "Yes there is a range of options for mid to longer term and we are working on some of these. In the immediate term it will remain a very challenging situation where supply exceeds demand for recyclable commodities," said Tom Nickels...

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